REV Group, Inc. (NYSE:REVG – Free Report) – Equities research analysts at DA Davidson issued their FY2026 earnings per share estimates for REV Group in a research report issued to clients and investors on Monday, December 16th. DA Davidson analyst M. Shlisky expects that the company will post earnings of $2.48 per share for the year. DA Davidson currently has a “Buy” rating and a $39.00 price target on the stock. The consensus estimate for REV Group’s current full-year earnings is $1.97 per share.
REVG has been the topic of several other research reports. The Goldman Sachs Group upped their price objective on REV Group from $25.00 to $28.50 and gave the stock a “sell” rating in a report on Thursday, December 12th. Robert W. Baird lifted their price objective on shares of REV Group from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Finally, StockNews.com downgraded REV Group from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $33.75.
REV Group Price Performance
Shares of REVG stock opened at $31.78 on Thursday. The company has a current ratio of 1.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 7.08 and a beta of 1.61. The firm’s 50 day moving average is $29.96 and its 200-day moving average is $28.17. REV Group has a 1 year low of $16.00 and a 1 year high of $35.96.
Institutional Trading of REV Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Amalgamated Bank lifted its stake in REV Group by 67.5% in the 2nd quarter. Amalgamated Bank now owns 1,777 shares of the company’s stock valued at $44,000 after purchasing an additional 716 shares during the last quarter. Farther Finance Advisors LLC boosted its position in REV Group by 27.2% during the third quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock worth $61,000 after purchasing an additional 461 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in shares of REV Group by 257.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 7,525 shares of the company’s stock valued at $187,000 after purchasing an additional 5,420 shares during the last quarter. Atria Investments Inc bought a new position in REV Group in the 3rd quarter valued at about $201,000. Finally, Leuthold Group LLC acquired a new position in REV Group in the 2nd quarter valued at $213,000.
REV Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 26th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, December 26th. This is a positive change from REV Group’s previous quarterly dividend of $0.05. REV Group’s payout ratio is currently 5.35%.
About REV Group
REV Group, Inc, together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brand names; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brand names.
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